Tag: China’s HRC prices edge down by RMB 20/t ($3/t)

China’s HRC prices edged down by RMB 20/t ($3/t) while CRC prices remained flat d-o-d on 13 Oct’22. Current offers- HRC (4.5-12mm, Q235 B): RMB 3,930/t ($547/t) CRC (1-1.2mm, Q195-215A): RMB 4,385/t ($611/t) Prices are exw-Tianjin basis, inclusive of 13% VAT. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,759/t ($524/t), up by…